SPX Cycles End of the Year Report:
End of the Year 60 min cycle averages:
As you can see the cycles have been very consistent over the period 2011 to 2023. I expect that trend will continue.
Significant changes from 60 min Cycles from 2022 to 2023:
The average # of 60 min cycles (Bull/Bear) for All Years is 124.46, in 2022 there was only 113 60 min cycles, and this year it was up 4 cycles to 117, which indicates more extended cycles getting confirmed.
The % gain (Bull Cycles) from 2022 to 2023 dropped from 2.61% to 1.56%, the % decline (Bear Cycles) dropped from 2.70% to 1.35%. Note that the % gain & % decline is just below the All Years % gain & % decline, so pretty consistent.
The projected accuracy (Bear Cycles) from 2022 to 2023 dropped from -69.79 to -23.57, this means that the 60 min Bear Cycles on average exceeded their projections, but this year they exceeded them on average by a lesser amount. The projected accuracy is well above the All Years projected accuracy of -3.31, so SPX Cycles 60 min Bear Cycles on average greatly exceed the Bear Cycle projections.
The projected accuracy (Bull Cycles) from 2022 to 2023 dropped from 69.67 to 29.03, this means that the 60 min Bull Cycles on average exceeded their projections, but this year they exceeded them on average by a lesser amount. The projected accuracy is well above the All Years projected accuracy of 3.02, so SPX Cycles 60 min Bull Cycles on average greatly exceed the Bull Cycle projections.
Looking at the 60 min Cycle Points and Cycle Hours:
In 2022 the Bear Cycles averaged 8 more Cycle Points than the Bull Cycles.
This year the Bull Cycles averaged 7 more Cycle Points than the Bear Cycles.
SPX Cycles Portfolio:
2023 has been the best year ever for SPX Cycles.
During 2023 there was 1700 shares of UPRO Bought for a total 69733.00 & 2000 shares sold for a total of 120531.50
Outlook for 2024:
It looks like 2024 should be even a better year. The SPX is projected to reach 5000 by May and possibly 5500 to 6000 by the end of 2024.
January 2024 The Yearly Y-E-2 will continue in it's 15th year, projected high 10331.27, the high is due 12/31/2034
January 2024 The Quarterly Q-2 will continue in it's 5th Quarter, projected high 7596.37, the high is due 3/31/2025
March 2024 the Monthly is projected to confirm a M-E-2 (due 3/4/24) projected high 6473.28, the high will be due 2/28/2025
April 2024 the Weekly is projected to confirmed a W-SC-2 (Extreme Overdue), projected high 5072.54, the high will be due 5/17/24
End of the Year 60 min cycle averages:
As you can see the cycles have been very consistent over the period 2011 to 2023. I expect that trend will continue.
Significant changes from 60 min Cycles from 2022 to 2023:
The average # of 60 min cycles (Bull/Bear) for All Years is 124.46, in 2022 there was only 113 60 min cycles, and this year it was up 4 cycles to 117, which indicates more extended cycles getting confirmed.
The % gain (Bull Cycles) from 2022 to 2023 dropped from 2.61% to 1.56%, the % decline (Bear Cycles) dropped from 2.70% to 1.35%. Note that the % gain & % decline is just below the All Years % gain & % decline, so pretty consistent.
The projected accuracy (Bear Cycles) from 2022 to 2023 dropped from -69.79 to -23.57, this means that the 60 min Bear Cycles on average exceeded their projections, but this year they exceeded them on average by a lesser amount. The projected accuracy is well above the All Years projected accuracy of -3.31, so SPX Cycles 60 min Bear Cycles on average greatly exceed the Bear Cycle projections.
The projected accuracy (Bull Cycles) from 2022 to 2023 dropped from 69.67 to 29.03, this means that the 60 min Bull Cycles on average exceeded their projections, but this year they exceeded them on average by a lesser amount. The projected accuracy is well above the All Years projected accuracy of 3.02, so SPX Cycles 60 min Bull Cycles on average greatly exceed the Bull Cycle projections.
Looking at the 60 min Cycle Points and Cycle Hours:
In 2022 the Bear Cycles averaged 8 more Cycle Points than the Bull Cycles.
This year the Bull Cycles averaged 7 more Cycle Points than the Bear Cycles.
SPX Cycles Portfolio:
2023 has been the best year ever for SPX Cycles.
During 2023 there was 1700 shares of UPRO Bought for a total 69733.00 & 2000 shares sold for a total of 120531.50
Outlook for 2024:
It looks like 2024 should be even a better year. The SPX is projected to reach 5000 by May and possibly 5500 to 6000 by the end of 2024.
January 2024 The Yearly Y-E-2 will continue in it's 15th year, projected high 10331.27, the high is due 12/31/2034
January 2024 The Quarterly Q-2 will continue in it's 5th Quarter, projected high 7596.37, the high is due 3/31/2025
March 2024 the Monthly is projected to confirm a M-E-2 (due 3/4/24) projected high 6473.28, the high will be due 2/28/2025
April 2024 the Weekly is projected to confirmed a W-SC-2 (Extreme Overdue), projected high 5072.54, the high will be due 5/17/24
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